William Lyon Homes (NYSE:WLH) – Equities research analysts at Wedbush issued their Q1 2018 earnings estimates for shares of William Lyon Homes in a report released on Thursday. Wedbush analyst J. Mccanless anticipates that the construction company will post earnings per share of $0.25 for the quarter. Wedbush currently has a “Outperform” rating and a $31.00 target price on the stock. Wedbush also issued estimates for William Lyon Homes’ Q2 2018 earnings at $0.70 EPS, Q3 2018 earnings at $0.84 EPS and Q4 2018 earnings at $1.05 EPS.

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Several other brokerages have also commented on WLH. UBS Group started coverage on William Lyon Homes in a research report on Wednesday, October 25th. They set a “neutral” rating and a $25.00 price objective for the company. Zacks Investment Research raised William Lyon Homes from a “sell” rating to a “hold” rating in a research report on Saturday, January 6th. ValuEngine raised William Lyon Homes from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. Citigroup lowered William Lyon Homes from a “buy” rating to a “neutral” rating and set a $35.00 price objective for the company. in a research report on Thursday, January 4th. Finally, Zelman & Associates raised William Lyon Homes from a “hold” rating to a “buy” rating in a research report on Friday, October 27th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $31.50.

William Lyon Homes (WLH) opened at $23.65 on Monday. The company has a current ratio of 10.77, a quick ratio of 0.30 and a debt-to-equity ratio of 1.33. The company has a market capitalization of $752.54, a price-to-earnings ratio of 15.46 and a beta of 1.64. William Lyon Homes has a 52-week low of $16.94 and a 52-week high of $32.95.

Several large investors have recently modified their holdings of WLH. Schwab Charles Investment Management Inc. increased its holdings in shares of William Lyon Homes by 1.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 121,964 shares of the construction company’s stock valued at $2,945,000 after acquiring an additional 1,177 shares in the last quarter. Alliancebernstein L.P. increased its holdings in shares of William Lyon Homes by 113.1% during the second quarter. Alliancebernstein L.P. now owns 27,293 shares of the construction company’s stock valued at $659,000 after acquiring an additional 14,483 shares in the last quarter. Thrivent Financial For Lutherans increased its holdings in shares of William Lyon Homes by 6.4% during the second quarter. Thrivent Financial For Lutherans now owns 14,130 shares of the construction company’s stock valued at $341,000 after acquiring an additional 850 shares in the last quarter. New York State Common Retirement Fund increased its holdings in shares of William Lyon Homes by 441.1% during the second quarter. New York State Common Retirement Fund now owns 138,535 shares of the construction company’s stock valued at $3,344,000 after acquiring an additional 112,934 shares in the last quarter. Finally, UBS Asset Management Americas Inc. bought a new position in shares of William Lyon Homes during the second quarter valued at $210,000. Hedge funds and other institutional investors own 96.73% of the company’s stock.

In other news, CEO Matthew R. Zaist sold 25,000 shares of the firm’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $28.83, for a total transaction of $720,750.00. Following the completion of the transaction, the chief executive officer now directly owns 205,377 shares in the company, valued at $5,921,018.91. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Gary H. Hunt sold 2,500 shares of the firm’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $29.33, for a total value of $73,325.00. Following the transaction, the director now owns 29,298 shares of the company’s stock, valued at $859,310.34. The disclosure for this sale can be found here. Insiders have sold 285,700 shares of company stock valued at $8,599,572 over the last 90 days. Corporate insiders own 21.33% of the company’s stock.

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About William Lyon Homes

William Lyon Homes is primarily engaged in the design, construction and sale of single family detached and attached homes in California, Arizona and Nevada. The Company conducts its homebuilding operations through four reportable operating segments: Southern California, Northern California, Arizona and Nevada.